The Consumer Financial Protection Bureau was established in 2010 to serve as a watchdog over the financial industry.
The Trump administration changed directors and tack in 2017 when Ohio native Richard Cordray resigned his leadership of the CFPB.
Now, the agency is seen as more of an educator than enforcer.
Today on All Sides, the changing role of the Consumer Financial Protection Bureau.
Guests
- Richard Cordray, former Director of the Consumer Financial Protection Bureau and Ohio gubernatorial candidate
- Stacy Cowley, finance reporter, The New York Times
- Tom Vartanian, Professor of Law, Founder and Executive Director of the Financial Regulation & Technology Institute at the George Mason University Antonin Scalia Law School